Companies often miss untapped value when restructuring—and paradoxically even liquidity—trapped in back-office functions and committed technology support. To emerge from the current crisis—and navigate any other—companies will need to make their cost structure leaner, more variable and flexible:

They will need to find partners or build consortia to maximize their scale and investment. Available options include:

CLICK TO ENLARGE

Similarly, technology collaboration is an efficient and intelligent way to create flexible cost structures. Consider divesting IT data centers to generate upfront cash, rationalizing applications and optimizing IT maintenance costs, and enabling pay-per-use models.

Projections based on Accenture analysis and experience working with oil and gas companies.

Disclaimer: This document is intended for general informational purposes only and does not take into account the reader’s specific circumstances, and may not reflect the most current developments. Accenture disclaims, to the fullest extent permitted by applicable law, any and all liability for the accuracy and completeness of the information in this presentation and for any acts or omissions made based on such information. Accenture does not provide legal, regulatory, audit, or tax advice. Readers are responsible for obtaining such advice from their own legal counsel or other licensed professionals.

Muqsit Ashraf​

Senior Managing Director – Global Energy Industry Sector Lead

Manas Satapathy​

MANAGING DIRECTOR – ENERGY, STRATEGY AND CONSULTING

Vivek Chidambaram

Managing Director – Strategy & Consulting, Energy

MORE ON THIS TOPIC

The future belongs to intelligent operations

Operations

The future belongs to intelligent operations

How oil and gas companies can build resilience in uncertain times

COVID-19

How oil and gas companies can build resilience in uncertain times

Subscription Center
Stay in the know with our newsletter Stay in the know with our newsletter
Subscribe